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QUESTION 12 The current price of a bond is $950. It has a face value of $1,000, a maturity date of 2 years and pays

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QUESTION 12 The current price of a bond is $950. It has a face value of $1,000, a maturity date of 2 years and pays a 4% coupon rate every year. Calculate the price if the yield is 5%, and when it is 9%. Use linear Interpolation to estimate the correct yield. Attach File Browse My Computer Browse Content Collection

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